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$LM posted preliminary assets under management of $691.4Bil as of Nov. 30, 2015, down from $697Bil last month. This month's AUM included breakeven long-term flows, consisting of fixed income inflows of $1.6Bil and equity outflows of $1.6Bil. Liquidity outflows were $3.3Bil. It also included $1.5Bil in negative foreign exchange impact.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.